Seagate (STX) CEO Mosley settles RSUs, withholds shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seagate Technology Holdings plc CEO William D. Mosley reported compensation-related equity activity. On March 9, 2026, restricted share units converted into 5,230 ordinary shares of Seagate stock. To cover tax obligations, 2,613 shares were withheld at $374.33 per share rather than being sold on the open market.
Following these transactions, Mosley directly holds 398,514 ordinary shares. The filing reflects routine vesting and settlement of equity awards under Seagate’s 2022 Equity Incentive Plan, rather than discretionary open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,230 shares exercised/converted
Mixed
6 txns
Insider
MOSLEY WILLIAM D
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,815 | $0.00 | -- |
| Exercise | Restricted Share Unit | 2,415 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,815 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,406 | $374.33 | $526K |
| Exercise | Ordinary Shares | 2,415 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,207 | $374.33 | $452K |
Holdings After Transaction:
Restricted Share Unit — 5,630 shares (Direct);
Ordinary Shares — 398,712 shares (Direct)
Footnotes (1)
- Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on September 9, 2023 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years. Consists of a grant of RSUs awarded to the Reporting Person under the 2022 Plan. Subject to the Reporting Person's continuous employment, one-quarter vested on September 9, 2025 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years.
FAQ
What did Seagate (STX) CEO William D. Mosley report in this Form 4?
William D. Mosley reported routine equity compensation activity. Restricted share units converted into ordinary shares, and some of those shares were used to satisfy tax obligations, reflecting standard vesting and settlement under Seagate’s 2022 Equity Incentive Plan rather than discretionary market trades.
Which equity plan governed the Seagate (STX) RSUs in this Form 4?
The RSUs are granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Footnotes explain that these awards vest over four years, with one-quarter vesting on specified dates and the remaining units vesting in equal quarterly installments, subject to continued employment.